Now in business for more than six years, JM Bullion's continued growth saw its reach among online buyers hit a significant milestone. In March 2018, JM Bullion surpassed 500,000 total customers. Just under four years ago, JM Bullion had surpassed 100,000 customers, and now its consumer reach had grown five-fold. The JM Bullion brand continues to show strong growth and popularity among those buying gold, silver, and other precious metals online.
Reviews are a vital service for online retailers. Customers use them to judge the quality of a brand, while companies use reviews to identify opportunities to improve customer service and product value. All signs pointed in the right direction for the company by December 2017, as JM Bullion exceeded 200,000 positive reviews of its services, product catalog, value, and shipping efficiency. Most JM Bullion ratings are submitted and cataloged by third-party aggregator ShopperApproved.
As an online precious metals dealer, recognition as a top e-retailer is a badge of honor in the industry. In May 2017, JM Bullion was honored with the ranking of #73 among the Top 500 e-retailers in North America for 2017. Issued by Internet Retailer, the list ranks the Top 500 companies in North America across seven different eCommerce categories.
With growing demand for its services, JM Bullion continued to expand the number of employees on board. From customer service associates to IT and leadership, JM Bullion had grown to 50 employees in total. The growth reflected both the company's prominent position in the industry, and its desire to continue providing customers with the best possible service with each purchase.
For the first time in its history, JM Bullion grew from precious metal dealer to a company with its own branded product available for sale as well. The rising popularity of the JM Bullion brand, along with silver and gold, brought the company to a point where it could offer its valued customers a ceremonial piece of the business. The JM Eagle Silver Round launched for investors, collectors, and fans of the company's service.
Growth continued for JM Bullion after its move to Dallas. Inc. 500 released its annual list of private companies based upon their total increase in revenue during the last three years. Less than five years after its founding and just one year after its move to Dallas, JM Bullion was honored as the 40th fastest growing private company in the United States. Other companies that have made this prestigious list in the past included Zappos, Microsoft, and Oracle.
Yet another major mark was hit by JM Bullion just before its one-year anniversary in Dallas. The company reached a total of one million orders since its founding, showcasing the growing reach and popularity of the young precious metals dealer.
With sales growing, the customer base expanding, and more employees coming on board at JM Bullion, the company gained its first significant outside recognition. As a new member of the Dallas marketplace, JM Bullion's success was honored by the city as the company enjoyed the ranking of #1 on the Dallas 100.
Nov 11th 2014
Now settled in Dallas, TX, JM Bullion hits another big milestone in terms of performance. This time it wasn't a matter of daily sales, but rather a reflection of its growing popularity among investors and collectors. JM Bullion hit 100,000 customers less than two months after its third anniversary.
Some three months shy of its third anniversary, JM Bullion's founders made an important choice to help the company sustain its growth. The company was moved from Lancaster, PA to Dallas, TX. The move was made to put the company in a marketplace with a wider talent pool to help sustain its growth in the future, giving it access to top talent. Lancaster had a population of 60,000 people compared to the population of 7.1 million in the Dallas-Ft. Worth Metroplex.
Jun 1st 2014
Feb 15th 2013
Now just over one-year-old, the company's employee list growing, and sales moving in the right direction, JM Bullion hit another big milestone. For the first time in company history, JM Bullion had a $1 million sales day. It took JM Bullion just eight months to jump 10-fold in its daily sales record!
With its first $100,000 sales day in the rearview mirror and its one-year anniversary coming up around the bend, Michael and Jonathan made a decision for the future of the company. JM Bullion hired its first employee! The first employee joined the company and was assigned the first task that didn't exactly fall in the realm of precious metals: he had to assemble his own desk!
July 2nd 2012
Jun 19th 2012
Just nine months after launching a bold new online retailing option, JM Bullion's founders hit a first major milestone. On June 19th, the company had its first-ever $100,000 sales day. While it might be pennies to larger dealers, JM Bullion was still just a two-man operation making a name for itself in a busy precious metals landscape.
As the cool breezes of fall set in, company founders Michael Wittmeyer and Jonathan Wanchalk opened the doors on a new company named JM Bullion. The company was initially located in Lancaster, PA, and would be for its first two-plus years in business. An online precious metals dealer, JM Bullion entered the marketplace at a point in time where gold was holding a weekly average of $1,755.52 per Troy ounce and silver was holding a weekly average of $37.24 per Troy ounce.
Sep 30th 2011